Answer:
The answer is A) real GDP gives an overly positive view of economic welfare.
Explanation:
Real GDP measures the economic value of total produced goods of an economy adjusted by price levels. It takes in account consumption, investment government purchases and net exports.
However, they do not take into account externalities or negative consequences of the production of an economy. If US produced in factories that produce a lot of pollution, the GDP would capture the value of the produced goods from the factory. However it will not measure the economic consequences of pollution, damage to environment and the industries that depend in these resources. In the long run GDP could be lower if that pollution decreased the possibilities or inputs used to produce goods but in the short run GDP will give a positive view as if nothing bad was happening.
Answer:
e. a and c
Explanation:
The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. This occurs because of the law of diminishing marginal utility.
The law of diminishing marginal utility states that the more of a commodity is consumed, the lower the utility derived from the consumption of the product.
It follows that Jorge and karissa would demand less of pencils and sweaters as their prices rise.
The demand curve is usually downward sloping to illustrate the law of demand.
With no doubt the answer that is correct is the last one: <span>someone with lots of experience in one career field. This type of resumé are usually used by people who have had many different jobs. It requires a lot of experience. So the last option is the correct one. </span>
Answer: monopoly and a perfectly competitive market
Because the market outcomes in a competitive oligopoly are between those of a monopoly and a perfectly competitive market, deadweight loss still exists, but it is lower than when there is collusion.
Type M is the strongest
Is that what you were looking for I'm not a 100% sure.
